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Latest: Fintech News

Trump Says He’d be Very Unhappy if Xi Moves on Taiwan
Trump Says He’d be Very Unhappy if Xi Moves on Taiwan

Trump says Venezuela posed a greater threat, than Taiwan does to China. Meanwhile, Beijing accuses the US of spreading the 'law of the jungle' as it exits global bodies

Nvidia Asks Chinese Buyers to Pay Upfront For H200 Chips
Nvidia Asks Chinese Buyers to Pay Upfront For H200 Chips

The strict payment requirements underscore the delicate balancing act Nvidia faces as it attempts to capitalise on surging Chinese demand while navigating regulatory uncertainty with both Beijing and Washington

China Reviewing Meta’s Purchase of AI Startup Manus: Report
China Reviewing Meta’s Purchase of AI Startup Manus: Report

Beijing could use the review to influence the transaction, including, in an extreme case, trying to force the parties to abandon the deal, according to a report by the Financial Times

‘Scam Billionaire’ Chen Zhi Arrested in Cambodia, Flown to China
Japan Says China’s Dual-Use Export Ban is ‘Unacceptable’
Hyundai to Use Humanoid Robots at US Plant in Physical AI Push
Chip Prices Fly Amid AI Boom, Samsung ‘to Flag Huge Profit Jump’
Next Generation of Chips is in Production, Nvidia’s Huang Says
Continuing AI Demand Lifts Asian Stocks to Five-Year Highs
Taiwan on Alert as Some China Warships Remain After Huge Drill

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors